Pepe

    Pepepepe#40

    By Twin · CoinHours Editorial · Coin profile maintained by CoinHours Editorial · Market data refreshes every 60s

    $0.000005

    -1.72% (24h)

    7d Change

    +11.47%

    30d Change

    +8.62%

    24h High

    $0.000005

    24h Low

    $0.000005

    Market Cap$2.03B
    24h Volume$464.70M
    Circulating Supply413772350.1M PEPE
    Max Supply413772350.1M
    All-Time High$0.000026
    ATH Change-81.43%

    Price Chart

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    About Pepe

    PEPE is a memecoin launched in 2023 based on the widely recognized internet meme character. Unlike memecoins with specific utility claims, PEPE openly positions itself as a purely speculative asset with no inherent functionality or roadmap. The token experienced rapid price appreciation and exchange listings following launch, exemplifying the continued market appetite for meme-based cryptocurrencies despite their speculative nature.

    Primary use case: Memecoin based on internet culture with no specified utility beyond speculative trading

    Understanding Pepe Price Data

    The Pepe price shown above is a volume-weighted average across major spot exchanges, sourced from CoinGecko and refreshed continuously throughout the trading day. Cryptocurrency markets trade twenty-four hours a day, seven days a week — there is no opening or closing bell — so the 24-hour change figure is a rolling window measured against the price exactly one day prior, not against a fixed daily close. The 7-day and 30-day percentage moves use the same rolling-window methodology, which means the figures shift continuously rather than resetting at midnight.

    Market capitalisation for Pepe is calculated by multiplying the current price by the circulating supply — the number of PEPE units currently in public hands and not locked, burned, or reserved by the protocol. This differs from total supply (all units that have ever been created) and max supply (the protocol-defined cap, where one exists). For assets with significant locked or vesting allocations, fully diluted valuation can be a more useful long-term measure than market cap alone. The 24-hour trading volume figure aggregates spot trading across reporting exchanges and excludes derivatives and over-the-counter activity, which can be substantially larger for major assets.

    All-time high (ATH) figures reflect the peak USD price ever recorded for Pepe on a major exchange. The ATH change percentage shows how far the current price sits below — or above — that peak, and is one of several inputs the CoinHours Market Cycle Indicator uses when assessing where the broader market sits in its four-year halving cycle. For longer-term investors, ATH drawdown combined with 200-week moving average position and the Fear & Greed Index gives a clearer cycle picture than any single metric in isolation.

    Pepe for Australian Investors

    In Australia, the Australian Taxation Office (ATO) treats Pepe and other cryptocurrencies as capital gains tax (CGT) assets rather than as currency. Every disposal — selling for AUD, swapping for another crypto, spending on goods or services, or gifting — is a CGT event that must be reported in your tax return. Holding PEPE for more than twelve months before disposing of it qualifies you for the 50% individual CGT discount, which is one of the most significant tax planning levers for long-term holders. See the crypto tax encyclopedia entry for a full breakdown of ATO record-keeping requirements, cost-base calculation methods, and the tax treatment of staking rewards, airdrops, and DeFi income.

    Australian investors typically buy Pepe through a registered exchange that complies with AUSTRAC anti-money-laundering requirements. Once acquired, holdings can be left on the exchange (counterparty risk), moved to a software wallet (convenience with online attack surface), or transferred to a hardware wallet for cold-storage self-custody (highest security, least convenient). The CoinHours security guide walks through the trade-offs in detail, including seed-phrase storage, multi-signature setups, and inheritance planning. For background on the underlying technology, the Crypto Encyclopedia covers blockchain fundamentals, consensus mechanisms, and the Pepe protocol in plain English.

    Pepe FAQ

    What is PEPE cryptocurrency?

    PEPE is a memecoin launched on Ethereum in April 2023, based on the Pepe the Frog internet meme. The project explicitly positions itself as having no utility beyond speculative trading, with no formal team, roadmap, or promised functionality. It operates as a standard ERC-20 token with deflationary mechanisms.

    How does PEPE work technically?

    PEPE functions as an ERC-20 token on the Ethereum blockchain, utilising Ethereum's established infrastructure for security and transactions. The token includes deflationary mechanisms such as transaction burns designed to reduce circulating supply over time. All transactions require Ethereum network fees for processing.

    What are the tax implications of trading PEPE in Australia?

    Australian investors must pay capital gains tax on PEPE profits and can claim losses against other capital gains. The ATO requires detailed records of all transactions including dates, amounts, and purposes. PEPE is treated the same as other cryptocurrencies under current Australian tax law.

    What risks are associated with investing in PEPE?

    PEPE carries high speculative risk as its value depends entirely on market sentiment and cultural relevance rather than utility. The lack of formal development team means no guaranteed ongoing development. Extreme volatility and potential total loss of value are significant risks for investors.

    Can I buy PEPE on Australian exchanges?

    PEPE availability depends on individual exchange listing decisions. Australian investors should use AUSTRAC-registered platforms that comply with local regulations. Always verify an exchange's regulatory status before trading and consider transaction fees when making investment decisions.

    Frequently Asked Questions

    How often is the Pepe price updated?

    CoinHours pulls live PEPE pricing from CoinGecko, which aggregates trades across major exchanges. The page refreshes the displayed figures every few minutes; the underlying market data updates continuously and may move significantly between refreshes during volatile sessions.

    Why does the Pepe price differ between exchanges?

    Each exchange runs its own order book, so prices drift slightly based on local supply and demand, regional liquidity, and pair availability. The figure shown here is a weighted average designed to represent the broad market price rather than any single venue. Arbitrage typically keeps the differences small for major assets but can widen during fast moves or on smaller exchanges.

    Is buying Pepe legal in Australia?

    Yes. Cryptocurrency is legal to buy, hold, and trade in Australia. Exchanges operating in Australia must register with AUSTRAC and comply with anti-money-laundering and counter-terrorism financing rules. The ATO treats crypto as property for tax purposes — see the Australian investors section above for tax implications.

    What is market cap and why does it matter?

    Market capitalisation equals current price multiplied by circulating supply and gives a rough measure of an asset's total value in public hands. It is a more meaningful comparison metric than price alone because two coins with identical prices can have radically different supplies. Market cap rank is one input investors use when assessing relative size, but it does not account for locked tokens, future emissions, or actual on-chain liquidity.

    Should I store Pepe on an exchange or in a wallet?

    Exchange custody is convenient but exposes you to counterparty risk — exchange failures and hacks have wiped out customer balances historically. For amounts material to your finances, a hardware wallet under your own control is the standard recommendation. Read the security guide for a full comparison of custody options and seed-phrase best practices.

    Information on this page is general in nature and does not constitute financial, investment, or tax advice. Cryptocurrency prices are volatile and you can lose your entire investment. Consult a qualified Australian financial adviser and registered tax agent before making investment decisions.